Means gun, pistol, firearm in Chicano/Latino culture slang.
Comes from Spanish, where "cohete" means "rocket" or "firecracker."
"Before they used to fight mano-a-mano. Kids these days now come out with the cohetes and start blasting at everybody... What a shame."
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Spanish word for "rocket" but can apply to any cylindrical object that can be fired. As in, "I got a rocket in my pocket."
"Tengo un cohete en el pantalรณn.." From the song "Mil Horas" by Los Abuelos de la Nada.
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